GM CEO Barra to Give Finances a Post-Recall Reboot

The video discusses the challenges faced by Mary Barra, CEO of GM, including the need for strategic clarity and accountability within the company. It highlights the importance of setting clear goals and timelines, particularly in North America and Europe, and addresses financial strategies concerning GM's cash reserves and profit margins. The impact of the recall crisis on GM's operations and leadership is also examined, emphasizing the need for safety and compensation measures.

What is one of the main challenges Mary Barra is facing as CEO of GM?

• Overproduction of vehicles

• Lack of a clear strategy and accountability

• Excessive spending on marketing

• High employee turnover

What is GM's target pretax profit margin?

• 20%

• 15%

• 10%

• 5%

What is one of the key financial concerns for GM discussed in the video?

• How to expand into new markets

• How to utilize the $39 billion cash reserve

• How to reduce debt

• How to increase vehicle prices

What has been a major distraction for Mary Barra during her tenure as CEO?

• The recall crisis involving faulty ignition switches

• The development of electric vehicles

• The launch of new vehicle models

• The expansion into Asian markets

What positive outcome is expected from the recall crisis?

• Higher stock prices

• More efficient production processes

• Improved safety priorities

• Increased vehicle sales